The Gander Is At Least As Guilty as the Goose

Here's a letter to the Wall Street Journal:

Alexander Koukoulas says that "power rates do not include the environmental costs associated with … fossil-fuel" (Letters, Aug. 30).

Suppose this claim is true.  Mr. Koukoulas's conclusion that government should therefore subsidize green technologies doesn't follow.  Indeed, his conclusion is made suspect by the same logic that leads him to believe that fossil-fuel prices are too low.

If fossil-fuel prices don't reflect the full costs of fossil-fuel...

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Published on August 31, 2010 13:43
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